2022
Exports | Imports
$973M | $6.79BWorld Rnk 65 / 214
Flag Rnk 16 / 1128
World Rnk 42 / 225
Flag Rnk 1 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.11Rnk 56 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Argentina exported $973M in Refined Petroleum, making it the 65th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 16th most exported product in Argentina. The main destination of Refined Petroleum exports from Argentina are: Paraguay ($292M), United States ($210M), Ecuador ($104M), Brazil ($94.8M), and Chile ($64M).

The fastest growing export markets for Refined Petroleum of Argentina between 2021 and 2022 were United States ($194M), Brazil ($37.5M), and Belgium ($27.6M).

Imports In 2022, Argentina imported $6.79B in Refined Petroleum, becoming the 42nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Argentina. Argentina imports Refined Petroleum primarily from: United States ($2.57B), Saudi Arabia ($832M), United Arab Emirates ($821M), Netherlands ($555M), and India ($403M).

The fastest growing import markets in Refined Petroleum for Argentina between 2021 and 2022 were United States ($2.05B), Saudi Arabia ($639M), and United Arab Emirates ($508M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Argentina to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$973M
IMPORTS (2022)$6.79B
NET TRADE (2022)-$5.82B

In 2022, Argentina exported $973M in Refined Petroleum. The main destinations of Argentina exports on Refined Petroleum were Paraguay ($292M), United States ($210M), Ecuador ($104M), Brazil ($94.8M), and Chile ($64M).

In 2022, Argentina imported $6.79B in Refined Petroleum, mainly from United States ($2.57B), Saudi Arabia ($832M), United Arab Emirates ($821M), Netherlands ($555M), and India ($403M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
United States$194M (1.16k%)
Brazil$37.5M (65.4%)
Belgium$27.6M (1.2M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Argentina WERE (2021 - 2022):
South Korea-$19.2M (-100%)
Singapore-$19.1M (-79%)
Dominican Republic-$15.4M (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Refined Petroleum were:
In 2022, Argentina's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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